German air navigation service provider (ANSP) Deutsche Flugsicherung (DFS) has launched a new wholly owned subsidiary, DFS Aviation Services, as part of a strategy to expand its commercial business.
Previously operated by DFS's Tower Company subsidiary, the commercial business will now be handled by DFS Aviation Services.
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The company now aims to incorporate all of its commercial activities into one entity.
DFS chairman and chief executive officer Klaus-Dieter Scheurle said: “With DFS Aviation Services, we are laying the foundation for our commercial business to grow and become a thriving business in its own right in addition to our core business financed by air navigation charges.
“Our goal is to double revenues in the long term. DFS Aviation Services combines the best of both worlds, the expertise and quality standards of DFS, one of the world's largest and most ANSPs, and a young, dynamic company with a lean structure.”
DFS Aviation Services performs one major role of providing air traffic control (ATC) services at eight regional airports across Germany, thereby covering 60% of all regional air traffic in the country.
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By GlobalDataThe other primary role of the DFS subsidiary is to market and sell products and services associated with air navigation services.
Last year, total revenues from DFS’s commercial business amounted to approximately €50m.
Headquartered in Langen, Germany, DFS has built local offices in Singapore and Beijing, and preparations are underway to start a local office in the Middle East.
Image: DFS headquarters in Langen, near Frankfurt in Germany. Photo: courtesy of Carlo Dani / Wikipedia.
